Updated Aug 27, 2026
Steve Fabos Acquires Industrial Property In North Hollywood For $6.3M
13311 Sherman Way, North Hollywood, California 91605, United States
$6,300,000
$289/SF
Building Size
21,784 SF
Asset Type
Industrial
Closing
Aug 23, 2022
About this deal
AI
Located at 13311 Sherman Way in North Hollywood, this industrial property has recently been sold. The transaction took place on 08/24/2022, with a sale price of $6,300,000. The property spans across 21,784 square feet, resulting in a price per square foot of $289.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $6,300,000
- Address: 13311 Sherman Way
- Market: North Hollywood
- Square Footage: 21,784
The buyer, Steve Fabos, acquired the property from the seller, Karine Kanimyan. Representing the buyer was Patrick Long of Stevenson Real Estate. Martin Agnew, Ryan Serling, and David Schatz of Agnew | Serling Group - Marcus & Millichap acted as the seller's representatives in the deal.
On the Map
$6,300,000
$289/SF
Industrial
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Players
North Hollywood Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93